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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
BRAZIL READIES REFORM PACKAGE DETAILS SKETCHY
Kevin G. Hall |
Key gubernatorial elections this Sunday could determine how far Brazilian President Fernando Henriqu
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Nov. 12, 1997 - Oct. 19, 1998 (a graph)*
INDIA SEEKS TO STOP SUGAR IMPORTS BY RAISING DUTY
JOC Staff |
The Indian government is likely to raise the duty on sugar high enough to stop imports, a sugar indu
Maritime
RUSSIA STEELMAKERS STRIVE TO OFFSET LOST SALES IN US
John Helmer |
Russia's leading steelmakers are scrambling to offset an estimated $500 million in lost sales to the
Maritime
GASOLINE PRICES
JOC Staff |
Oct. 19, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Pre
QUOTA WATCH
JOC Staff |
Current Textile Quotas:Where the average recent utilization rate indicates full quota utiliz
Maritime
SCHENKER'S LOGISTICS CENTER MAKES DEBUT IN SINGAPORE
From Wire and Staff Reports |
Schenker International has opened a logistics center in Singapore. It is ''a one-stop service center
FREIGHT RATE FUTURES
JOC Staff |
Oct. 19, 1998Baltic international Freight Futures Market PREV.CLOSE HIGH
Maritime
IMPORTERS BUG US TO DELAY DEADLINE
Tom Baldwin |
The U.S. Department of Agriculture may delay the compliance deadline on its ban on untreated wood pa
SUMITOMO LIFE CHIEF: RECENT YEN RISE TOO RAPID
JOC Staff |
Sumitomo Life Insurance Co. President Koichi Yoshida said last week that the yen's recent rise again
PROJECTS FACE SHORTAGE OF FUNDING IN BRAZIL
Kevin G. Hall |
Brazil's top infrastructure projects are likely to face delays or reduced government contributions a
LUFTHANSA CARGO, SAS TO SHARE NETWORKS
Robert Koenig |
Germany's Lufthansa Cargo AG and its Scandinavian counterpart, SAS Cargo, have agreed to share their
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - October 16, 1998 OPEN INTEREST AND SALES - October 15, 1998All life-of-c
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeOctober 16, 1998 Brent Crude Oil - (Dollars Per Barrel)
COMPANY ACCEPTS GOODS FOR HURRICANE VICTIMS
JOC Staff |
Container Innovations Inc., South Kearny, N.J., is accepting packaged goods to help hurricane victim
Maritime
CREATION OF TURKISH SHIP MINISTRY DELAY EXPECTED
Jim Bodgener |
Turkey's parliament is not expected to establish a shipping ministry before the end of 1998, a shipp
Maritime
US APPAREL INDUSTRY TO MONITOR WORLD SHOPS
Paula L. Green |
Weary of attacks by unions and labor department officials, the U.S. apparel industry is launching a
FREIGHT RATE FUTURES
JOC Staff |
Oct. 16, 1998Baltic international Freight Futures Market Prev.Close High
Maritime
DEFENSE TRANSPORT GROUP TO HOLD SHOW IN HOUSTON
JOC Staff |
The National Defense Transportation Association's 53rd Transportation and Logistics Forum & Expositi
NIT LEAGUE TO CONDUCT MEETINGS ON SHIP REFORM
JOC Staff |
Ed Emmett, National Industrial Transportation League president, said his association will conduct a
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
SPOT COMMODITIES
JOC Staff |
October 16, 1998Included are list prices of suppliers. Quotations do not necessarily represe
HONG KONG EXPORT INSURER REPORTS CLAIMS SOARED 92 PERCENT IN FISCAL YEAR
P.T. Bangsberg |
Claims are up and sales down at Hong Kong's only underwriter of export insurance, which protects com
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 16, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 21
PEOPLE ON THE MOVE
From Wire and Staff Reports |
GERLING GROUPPeter J. Palenzona was hired as managing director of operations. In this new po
PEOPLE ON THE MOVE
From Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC.Rudy Mack was named president, succeeding W.H. Dehn, who resigned
Maritime
CANADA CONFIDENT ECONOMY IS STRONG
Courtney Tower |
Canada is well into its third year of budget surplus performance, although it expects ''a year of he
CUSTOMS ADDS NAMES TO TRANSSHIPMENT LIST
JOC Staff |
Customs, modifying a list issued early in October, has added the names of 33 more apparel transshipp
Maritime
WHOM TO CALL
JOC Staff |
If you want to barter, here are some people who can get you started:Corporate Barter Council
UNITED SHIPPING MARKS 10TH YEAR, CITES GROWTH
Journal Of Commerce Staff |
United Shipping, a network of independent forwarders, customs brokers and other logistics firms, wil
MEXICO'S MAQUILA PROGRAM COULD BE THE FIRST CASUALTY OF NAFTA ON JAN. 1, 2001
Customs Update - Steven S. Weiser & Ari L. Kaplan |
For decades, the trade of goods into and out of Mexico has benefited from the country's popular duty
INSURANCE GROUP CHIEF SLAMS BANK ENTRY
Courtney Tower |
Canada's six national chartered banks must not be allowed to sell insurance out of their thousands o
IF YOU'RE INTERESTED IN BARTER
JOC Staff |
The Corporate Barter Council suggests using the following guidelines when choosing a corporate barte
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
HUGE ICEBERG BREAKS FREE OF ANTARCTIC SHELF
Associated Press |
Attention, mariners. An iceberg bigger than Delaware has broken off an Antarctic ice shelf.T
Maritime
CUSTOMS EXPANDS AUTOMATED TESTING
Kevin G. Hall |
The U.S. Customs Service is adding five border crossings to the test of its automated expedited clea
SHIPPERS BRACE FOR FRENCH TRUCKERS' SEASON OF DISCONTENT
Aviva Freudmann |
European shippers are nervously glancing at their calendars as the annual season for French trucker
SAN JUAN DOCKERS FEUD OVER TERMINAL
Karl Ross |
At a time when victims of Hurricane Georges are clamoring for relief, a feud has broken out between
WEAPONS BAN COULD BE HAZARD TO CHEMICAL FIRMS
John Zarocostas |
Chemical manufacturers fear a global verification plan to ban biological weapons could prove costly
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